In terms of the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Authum Investment & Infrastructure has informed that the Securities Allotment and Redemption Committee of the Company at its meeting held on 7th February, 2024 have considered and approved redemption of 1,84,62,000 7% Non-Cumulative Non-Convertible Redeemable Preference Shares of face value Rs 10 (earlier issued at Rs 50 each including a premium of Rs 40 each) at a price of Rs 65 each including a premium of Rs 55 each aggregating Rs 120,00,30,000. Details of redemption of 7% Non-Cumulative Non-Convertible Redeemable Preference Shares is provided in Annexure A.
The above information is a part of company’s filings submitted to BSE.
